New Chip Cards and Apple Pay: Enhanced Security Plus International Acceptance

With the rise of credit card fraud, the United States is switching to the global credit card standard, called EMV, or the chip card.

Chip cards are embedded with a microchip that’s been proven to decrease fraud by making it harder for thieves to obtain payment data.

How the Chip Card Works

With a traditional card, the magnetic stripe contains static data that can be skimmed and duplicated. With a chip card, the chip creates a one-time-use transaction code for each purchase. Chip cards can be processed several ways: chip and PIN preferred, chip and signature, or chip only (under a certain dollar amount).

The Typical Process

  1. Insert your card into the payment terminal, chip first, face up.
  2. Leave your card in the terminal for the entire transaction.
  3. You’ll be prompted enter your PIN or sign your name as you normally would.
  4. Once payment data has been verified, you’ll be prompted to remove your card.

Chip Cards by the Numbers

23 years

While they’re new to us, chip cards were first used in France in 1992


Percentage of U.S. retailers estimated to be using chip card compliant technology by Dec. 31, 2015


Number of countries that use chip cards today

600 million

Estimated number of chip cards to be issued by the end of the year

 What You can Expect

  • If you have an active Hanscom FCU ATM & Check Card, you can expect a replacement chip card by the end of the year. If you have an active Platinum Credit Card, we will send your new chip card by early 2016.
  • Your ATM & Check Card is PIN preferred. If required by the merchant, you will first be prompted to enter your PIN. You will have the option to decline the PIN and sign for your purchase if you prefer.
  • To learn more about the benefits of our ATM & Check card, visit

Apple Pay™ Education

Now you can use your Hanscom FCU ATM & Check Card with Apple Pay! You’ll enjoy the convenience of paying with your phone plus all the benefits of your Hanscom FCU card. For information on Apple Pay, visit


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